HomeMy WebLinkAbout2012-12-19 Special
ci I ti the ri i i cil Ile t r r 1: . .,
e e ece er 1 1, or e eer .
ers resent: ayor e eer , rlie ountree, vi re it
Sird, and r o 1.
oll call.
avid re b ~ rd I
rlie ntree eih it
ayor mm e eerd
e eer : ky. e will call this special eei to order. For t e recor it i
e e ece er 9t . It is in the a eroon. Jerk, e will start
ith roll call tte ce.
B
e UVeer: Item o. , ado Lion o the agenda.
l ayor?
e eerd: r. oaglun.
oaglun: I ove a option of the en s rite .
ountree: Second.
e eerd: I e otio n seco to opt the a end s printed. I those i
favor say aye. All ayes. otion carried.
IE L A
° i
° i
e eerd: Ite 3 i -- we will turn this over-- it's o the --Jere isc.
isc: aam ayor, e bers the Council, again, o icially m so incredibly sorry
that I was late. Last ti e I will say that. Su you have been incredibly gracious to alto
e the opportunity to present t is to you, which I think is Ding to be n excellent tool
for this com unity and for the City of eridi i particular. o have clicker for the
Power Dint or -- t ere is nothing o the screen. I forgot to e ere on time, so a ill
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December 19, 2012
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e eer: Council, questions? Councilman ountree.
ountree: Jere y, take y comments as not criticism i a destructive aner, t
have some concerns from what I see. One of your slides indicates that we are looin
for new solutions to fund highways and most of your dialogue talked about financing
highways. In y mind TEZ is not new revenue. It's more e, requiring debt service.
Meridian City Council Special Meeting
December 19, 2012
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i i i i ti t, i t t is
r? i -- i i t fit? i i
cl re r c .
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December 19, 2012
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e weer: Councilman --
Rountree: t some point it's going to e characterized as paralleling w t in e ect now
takes place with urban redevelopment and there has been plenty of effort on the part of
the legislature to push back on that. ow do you -- how do you propose to keep that
issue from rising, because -- there vs suc a rallel there I think it's going to e very
difficult to get over.
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December 19, 2012
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isc: ell, a or, r. Councilman, that's -- that is the first time I had heard
t t one. There is risk to the state o Idaho in E s well. I'm not probably as
well verse t it s you are, butt at's definitely something I ill look into.
o tree: The risk -- the risk o the state f Idaho is a some point i ti e all o the
federal dollars for highway construction would have to e used for our debt service for
bonds, but no state oey is required to provide the debt service.
Pisca: gain think we will have to take look that. I -- that's a question that I had
not fielded before, so I' glad you raised it, because I need o go and understand the
differences there.
otree: I uess final point is that even though I take exception o not having t e
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December 19, 2012
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ountree: That's all the corn ets a questions I have for now. I'd like to read the
legislation at so e point i ti e.
e eer: Is that available or is i ritten?
isc: adam ayor, we continue to draft it. have draft I would e ppy to share.
You're going to have more complete draft within the next two weeks, but I definitely
tici ate that final raft will e available before the session starts n I would be
happy to work with you to -- you know, o provide t get co met.
o ree: adam ayor, once again, I don't can m comments to e
derogatory and negative, oit them out a I see those are potential hurdles at a
minimum that are going to ve to e crossed and that coul come out of the woo work
and that I suspect there is few ore.
isca: And, d ayor, r. ountree, I didn't take any o ece to them.
appreciate, you know, t e challenging questions. They are real questions. They have
to be answere . I respect them as such and so I appreciate the spirit in which they
were o erect.
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December 19, 2012
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tr : use II tti i i r i r r tr .
eer : e e nee tools. ucil r
oalun: dm ayor?
e eer: Yes.
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December 19, 2012
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't it rl II i 1 - c use ere r it
it, t i i it it -- this r i it's, lie i ,
copse ie it's rojecte t e seven o e return invest a ere it's
rojecte e tree -- out .7 t one rojecti -- recur i vest ent.
I : o, it's still le it i ustri n i you have ix. e rent going
t be exclin that necessarily. o, t t was my big ccer ,because that --
nufctri is still I hope art f our future.
it : a ayor?
e eerd: r. it .
oaglun: dam ayor and Jeremy, if I might interject. Councilman Sird, I'm saying
this tongue i cheek, but are you saying there should be personal property tax that
could also -- oh, never mind.
ird: I think we would have to et it to o so we get ore business. I've stated that too
any years.
oaglun: I id't t ink you were advocating that.
ird: o. o. o. o, I was just saying that they uy machinery, it's cone-ti e
sales tax. It's not year -- every year deal, because they are not oin to -- the
achinery is going to last 20, 25 years. ut it does ve lot of spin o and stuff.
Pisc: ayor e eerd, Councilman Sird, absolutely, but, again, lot of that
construction -- lot of what's being factored i is t e residential construction that results
because you have built that highway n all of those ouses are constructed with
materials that sales tax has ee paid. o, e tend to think o sales tax s retail sales
tax, but there are man other-- I mean there is no end to what's ein taxe out there.
it :There is use tax.
isca: eh. And use taxes s well.
ird: And ost of your construction materials is use tax.
isca: Exactly.
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December 19, 2012
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it : t I it t t.
e eer : other estion fro cil?
ountree: Yeah. I have one ore.
e eerd: r. o tree.
Rountree: I forgot my question about II I have een roun Ion time. The state
primarily didn't use i, because o the large scale of borrowin that it requires and I thin
the minimum was li a re illion dollars s I recall. s t been re ce? I
have not read in the recent law, so -- hear it was reduced to lie 50 illion or
something like that.
Pisca: ayor de eer ,Councilman ountree, we may e avin two di Brent
iscssios there. Originally the legislation we proposed last year just to get it
out there and get the discussion of .The -- at minimum expenditure o roadway
projecws a unre million. That has een reduced i the drafts that we are working
on now to 50 million.
Rountree: Okay.
Pisca: The TIFIA legislation re wires that it be expe e on projects o t least 5
million.
Rountree: Okay.
Pisca: So, that's been --
ountree: Taken care o. Okay. I guess o bra °s point, have seen econo is
analysis done on roa projects where just the improve ens alone and the savings o
automobile repairs and windshields have more than resulted i two to one svi s.
o, it doesn't take n ul lot, really, t enerte that um er and I° surprised it's s
low, but it's great.
ir: I isa ree. like the broken isiel u ber.
ountree: Yeah.
e eerd: Anything further fro Council? Jere y, we a reciate your time and
certainly when you have a raft that you can s are we owl love o see it n I'rn sure
you would have a couple o willing parties here that owl give you constructive
fee ac .
Pisca: n if there is --and thank you for that, ayor n ocil. f there i nythin I
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December 19, 2012
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-® i t like t ri r i t
. in, I I i f r r ti .
isc: Than you.
e eerd: y. e are t t e end of o r a e I would e to i oti to
adjourn.
ontree: So move .
oalun: Second.
e eerd: II t ose in favor say aye. II ayes.
I C I: ALL YES.
e eerd: Thank you.
12:32 .
( DI I I F ESE GEE I )
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